Brexit: the referendum

Sickening that we now have Labour coming out and dancing on the grave of the campaign after the hard work has been done. Should be ashamed of themselves
 
Puppycow said:
Seems like the currency market may be overreacting to this a bit:

http://www.bloomberg.com/news/artic...sults-from-northeast-england-in-eu-referendum
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I don't think it's an over-reaction at all. This was predicted. The U.K. will suffer, but the question is how far the impact will be felt.

The ultimate outcome is that England, with lackey Wales, will diminish in international importance. When the door is closed to immigrants, inflation will increase as wages rise and demand falls. It remains to be seen how many multi-nationals will leave England as tariffs are inevitably introduced. A sad day for a once great nation.
 
Bye bye international relevance. Hello inflation.

What's that you say NHS? Staff shortages leading to steadily poorer results?


Stick a fork in the UK. It's done.
 
lionking said:
I don't think it's an over-reaction at all. This was predicted. The U.K. will suffer, but the question is how far the impact will be felt.

The ultimate outcome is that England, with lackey Wales, will diminish in international importance. When the door is closed to immigrants, inflation will increase as wages rise and demand falls. It remains to be seen how many multi-nationals will leave England as tariffs are inevitably introduced. A sad day for a once great nation.
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Hey - less of the 'lackey', please. My countrymen voted of their own accord, and so be it.

But the rest is fair. I'm not as convinced that it will be an enormous change in the short to medium term as some people, and I hope from having worked with 'Brussels bureaucrats' from all EU countries that they will be as rational as they were then (and won't spite us) so will try to come up with an exit deal which is mutually beneficial.

That said, it's very unclear.
 
The political climate of the U.K. has changed today. The Tories have mismanaged the economy to the extent that we have this irrational result. Labour is unelectable under Corbyn. The UKIP and its loony fellow travellers are triumphant. Time to despair Brits.
 
I have to remark at the hilarity I am seeing in the reactions of the pro-EU crowd. It reminds me of the way conservatives reacted when Obama was elected. Relax, the sky isn't falling.
 
gypsyjackson said:
Hey - less of the 'lackey', please. My countrymen voted of their own accord, and so be it.

But the rest is fair. I'm not as convinced that it will be an enormous change in the short to medium term as some people, and I hope from having worked with 'Brussels bureaucrats' from all EU countries that they will be as rational as they were then (and won't spite us) so will try to come up with an exit deal which is mutually beneficial.

That said, it's very unclear.
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Yeah, "lackey" was uncalled for. I love Wales as much as the rest of the U.K., and hope to visit soon. I'm just pissed off.
 
OK, UK. No more orders from me. I'm going to buy my Campagnolo Gray market parts from Bike123! That's right the bloody, Gerries! I'll have to buy them with DHL shipping so the Royal Mail won't be getting any business either. Speaking of which, don't forget Postman Plod and the entire Plod family being made redundant and sent off to the work house.


This is the world you made for yourselves ...
 
Tony said:
I have to remark at the hilarity I am seeing in the reactions of the pro-EU crowd. It reminds me of the way conservatives reacted when Obama was elected. Relax, the sky isn't falling.
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Tell that to the stock markets......
 
lionking said:
I don't think it's an over-reaction at all. This was predicted. The U.K. will suffer, but the question is how far the impact will be felt.
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It's an over reaction. One thing markets hate more than anything else is uncertainty and if a Brexit vote happens it throws into uncertainty the whole of the EU.

BBC have just called it for leave and are forecasting a 52/48 split.
 
lionking said:
Tell that to the stock markets......
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_90079892_pound.slump.3.gif


The trajectory of the pound. Last I heard it's still falling.
 
lionking said:
I don't think it's an over-reaction at all. This was predicted. The U.K. will suffer, but the question is how far the impact will be felt.

The ultimate outcome is that England, with lackey Wales, will diminish in international importance. When the door is closed to immigrants, inflation will increase as wages rise and demand falls. It remains to be seen how many multi-nationals will leave England as tariffs are inevitably introduced. A sad day for a once great nation.
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So you are saying that wages will rise?
 
David Cameron: stay or resign? My opinion is that he should resign, though I don't feel as strongly about it as I would have done had the Scottish independence referendum gone the other way (breaking up the UK would have been intolerable for a UK Prime Minister).

Scotland: definite case for a new 'independence' referendum, though I appreciate the irony. I would love an alternative reality viewer so I could see what the media would be saying were it to have been a narrow Remain vote overall with a large-ish Leave majority in England, thus having Scotland swing the vote. I'd also like to see what the world would have been like if I'd invented the Finglonger.

Northern Ireland: very interesting, with a remain vote. Seems to have split on sectarian grounds from looking at the electoral map, but I would be keen to know more about demographics, given that wasn't how the political parties were campaigning! What are the options for political campaigning? Stay in UK, join Ireland, be an independent country? Do people care enough about it?
 
Tony said:
Rush Limbaugh said the same thing about Obama...
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So you're comparing one talk radio host and his unfounded speculation with what is actually happening right now in the forex markets?

You don't see anything wrong with this picture?
 
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